Technical
Financial
Distress signals
Property profile

401 1st SW St New Brighton, MN 55112

OFF-MARKET
Warehouses
Property ID
US46-0616791
5,360 SF 5.11 ac lot Built 1973
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1973
Construction WOOD FRAME
Total area 5,360 SF
Lot 5.11 ac (222,592 SF)
Zoning code F
APN 32-30-23-11-0002
UPID US46-0616791

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

401 1st SW St New Brighton, MN 55112-7768
New Brighton metro Census 41107 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
$968k
Blend (final) Blend
$715k

Owner & transaction history

since 2021
7 recorded transactions
2021
$500
2021
$3.5M
2021
Price N/A
2014
$1.3M
2013
$2.0M
2013
Price N/A
2003
$2.4M

Zoning & alternative use

F · New Brighton, MN
Top alternative use upside
Restaurant $1.1M +83.2%
Auto repair, garage $1.1M +75.9%
Neighborhood: shopping center $900,000 +45.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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